Third Century Bancorp Balance Sheet Health
Financial Health criteria checks 5/6
Third Century Bancorp has total assets of $324.5M and total equity of $11.4M. Total deposits are $248.1M, and total loans are $203.4M. It earns a Net Interest Margin of 4.8%. It has sufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are $19.4M.
Key information
28.4x
Asset to equity ratio
4.8%
Net interest margin
| Total deposits | US$248.08m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.9% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$19.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TDCB's Assets to Equity ratio (28.4x) is very high.
Allowance for Bad Loans: TDCB has a sufficient allowance for bad loans (163%).
Low Risk Liabilities: 79% of TDCB's liabilities are made up of primarily low risk sources of funding.
Loan Level: TDCB has an appropriate level of Loans to Assets ratio (63%).
Low Risk Deposits: TDCB's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: TDCB has an appropriate level of bad loans (0.9%).